Week-on-week analysis of media stocks reveals a turbulent week for the sector, as share prices were battered by a host of downgrades from leading brokers, weakness in the financial sector and the continued threat of US-led military action against Iraq.On the corporate newsfront, Carlton and Granada were the market’s big story after Merrill Lynch said… Continue reading Sharewatch
The administrators of ITV Digital have announced a dramatic U-turn on their decision to charge customers £39.99 for their set-top boxes, which they will now be allowed to keep as a gift. The climb down follows the unpopular move by ITV Digital’s liquidators, Grant Thonton, to collect over 1 million set-top boxes or ask the… Continue reading ITV Digital Subscribers To Keep Set-Top Boxes
The IPA has appointed Nigel Gwilliam to the newly created post of e-commerce and new media consultant with responsibility for developing and implementing the IPA’s services in these areas.The appointment reflects the increasing importance of new media to advertising and marketing, highlighted by the development of J-ET, the electronic trading system which facilitates the buying… Continue reading IPA Appointment Reflects Growth Of New Media
Cinema admissions for 2002 were the highest in 30 years, reflecting a 13% year-on-year increase, according to the Cinema Advertising Association (CAA).Almost 176 million visits were made to the cinema, an average of 3.37 million weekly cinema admissions to see films such as Harry Potter And The Chamber Of Secrets and the 20th instalment of… Continue reading Cinema Admissions Up 13% In 2002
Business-to-business adspend increased by 1.6% year-on-year and totalled $656,870.4 million in November, according to new figures from American Business Media (ABM). The rise followed a decline of 9% in October (see Decline Eases Slightly In US B2B Advertising) but advertising page volumes were down by 4%. The biggest surge occurred in the travel sector which… Continue reading B2B Sector Boosted By Advertising Upturn
Kevin Roberts, chief executive officer of Saatchi Worldwide, is adding the chairman’s role to his title, a move likely to cause unrest in the City.The chairman’s seat became vacant when previous incumbent, Alan Bishop moved to the Central Office Of Communications, where he was appointed chief executive (see COI Appoints Ex-Saatchi Chairman As Chief Executive).Roberts,… Continue reading Saatchi CEO Takes Dual Role
Cinema admissions for 2002 were the highest in 30 years, reflecting a 13% year-on-year increase, according to the Cinema Advertising Association (CAA). Almost 176 million visits were made to the cinema, an average of 3.37 million weekly cinema admissions to see films such as Harry Potter And The Chamber Of Secrets and the 20th instalment… Continue reading Cinema Admissions Up 13% In 2002, Says CAA
Associated Newspapers’ London Evening Standard has surprised the industry with the decision to increase its cover price by 5p, just as rival Express Newspapers plans to launch a new London free sheet (see Desmond Plans To Launch New Evening Paper For London).The price rise will mean the paper costs 40p, significantly higher than its tabloid… Continue reading Evening Standard Ups Cover Price
The UK consolidated its position as Europe’s leading e-commerce market in the run-up to Christmas 2002 with 60% of the online population accessing a retail site during December. Nielsen//NetRatings calculates that 12.8 million UK internet users visited an e-commerce site at some point last month, an increase of 3.7 million on the figure for December… Continue reading UK Acclaimed As European ‘Capital Of E-Commerce’
The number of subscribers to BSkyB’s digital satellite service is set to grow by 14.3% year on year in the second quarter of 2003, according to operating forecasts by Merrill Lynch analysts.Sky’s financial results are due for release on 14 February and the broker predicts that the total number of direct-to-home (DTH) customers will reach… Continue reading BSkyB Subs To Grow 14% In Q2, Say Merrill Lynch Forecasts
